Last minute reminder

With the end of tax year 2008 just weeks away, IRS has issued a number of tax tips that taxpayers should consider.

Among the tips are the following–first-time homebuyers (those who have not owned a home in the three years prior to a purchase) should be aware that a new tax credit applies to primary home purchases made between Apr. 9, 2008, and June 30, 2009; there is an additional standard deduction for taxpayers who do not itemize their deductions, but pay real estate taxes, and this is an amount equal to the amount of real estate taxes paid up to $500 for single filers or up to $1,000 for joint filers: it may be possible to deduct qualified tuition and required enrollment fees up to $4,000 that a taxpayer pays for himself or herself, a spouse or a dependent; and an educator expense deduction worth up to $250 allows teachers and other educators to deduct the cost of books, supplies, equipment and software used in the classroom.

The IRS fact sheet also covers a recovery rebate credit, new rules for “cash” charitable contributions, the earned income tax credit, recordkeeping and other items.

Recent Entries

Mike has given us peace of mind! He helped negotiate down a large balance and get us on a payment plan that we can afford with no worries! The stress of dealing with the IRS is huge and Mike helped us through it all. The peace of mind is invaluable, thank you Mike!April S.

★★★★★

Mike Habib - Thank you for being so professional and honest and taking care of my brothers IRS situation. We are so relieved it is over and the offer in compromise process went just as you said. Mike is very professional and will give you honest answers to the OIC process and you can really trust him. You won't be sorry you chose him!Joe and Deborah V.

★★★★★

Mike is a true professional. He really came thru for me and my business. Dealing with the IRS is very scary. I'm a small business person who works hard and Mike helped me see that they are not that scary after all. He was always there with the answers I needed and was very good about calling me back which I appreciated since your first reaction is to freak out and ask a million questions. He solved a messy case and worked very hard to resolve it. His rates are VERY reasonable for the amount of work he does! I give him my highest recommendation!Marcie R.

★★★★★

Mike was incredibly responsive to my IRS issues. Once I decided to go with him (after interviewing numerous other tax professionals), he got on the phone with the IRS immediately (as in the same day I signed with him) to squash an impending issue. And he worked directly with them to quickly come to a resolution I am very happy with. I'd highly recommend reaching out to Mike to see if he can help you with any IRS issues. I'm very satisfied!Marshall W.

★★★★★

I’ve seen and heard plenty of commercials on TV and radio for businesses offering tax help. I did my research on many of them only to discover numerous complaints and unresolved tax issues. I found Mike Habib through my own online search and contacted him. He was very professional with great communication, always answering my questions and concerns. Mike resolved my complicated tax problem just as he said he would. I would definitely recommend his services to family and friends.Nancy & Sal V.